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Strategic learning self-efficacy reflects the confidence of managers in their ability to learn from the outcomes of … strategic learning self-efficacy and a firm's industry-adjusted sales growth rate and specifies strategic decision-making style … hypothesized relationships. Results indicate that strategic learning self-efficacy is not significantly related to firm growth as a …
Persistent link: https://www.econbiz.de/10015211900
exposure or experience can cause learning and hence better detection of deception. We investigate using data culled from events … individual from within a group all claiming to be that individual. Our sample showed evidence of learning, suggesting that …
Persistent link: https://www.econbiz.de/10014517089
We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from … twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information …-based learning to other learning models (reinforcement learning and self-tuned experience weighted attraction learning) while using …
Persistent link: https://www.econbiz.de/10012432206
We experimentally implement a dynamic public-good problem, where the public good in question is the dynamically evolving information about agents' common state of the world. Subjects' behavior is consistent with free-riding because of strategic concerns. We also find that subjects adopt more...
Persistent link: https://www.econbiz.de/10012598548
We consider dynamic team production in the presence of uncertainty. Team members receive interim feedback that depends on both their current effort level and the project's uncertain prospects. In this environment, each member can encourage the others by making them more optimistic about the...
Persistent link: https://www.econbiz.de/10012308721
We present a geometric approach to the finite Rational Inattention (RI) model, recasting it as a convex optimization problem with reduced dimensionality that is well suited to numerical methods. We provide an algorithm that outperforms existing RI computation techniques in terms of both speed...
Persistent link: https://www.econbiz.de/10014496939
-maker. We derive the researcher's equilibrium learning strategy by solving an auxiliary single-player problem. The attribute … excessive response to new information, she forgoes learning altogether. In an organizational context, we show that a manager …
Persistent link: https://www.econbiz.de/10015191554
Learning is crucial to organizational decision making but often needs to be delegated. We examine a dynamic delegation … the principal, privately learns the profitability over time and communicates to the principal. We formulate learning … delegation as a dynamic mechanism design problem and characterize the optimal delegation scheme. We show that private learning …
Persistent link: https://www.econbiz.de/10012587421
While payoff-based learning models are almost exclusively devised for finite action games, where players can test every … action, it is harder to design such learning processes for continuous games. We construct a stochastic learning rule …
Persistent link: https://www.econbiz.de/10012415470
We establish convergence of beliefs and actions in a class of one-dimensional learning settings in which the agent …. Applications of our framework include learning by a person who has an incorrect model of a technology she uses or is overconfident … about herself, learning by a representative agent who may misunderstand macroeconomic outcomes, as well as learning by a …
Persistent link: https://www.econbiz.de/10012415583